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March 11, 2021 Femi Falana Disagrees With FG On The Use Of Loot Recovered From James Ibori

Femi Falana Disagrees With FG On The Use Of Loot Recovered From James Ibori

The Chairman, Presidential Advisory Committee Against Corruption, Prof. ITSE SAGAY, has advised President BUHARI to use the loot recovered from JAMES IBORI to fund projects in Delta State.

SAGAY an interview said using the latest £4.2m tranche of the IBORI loot to fund the Lagos-Ibadan Expressway and the Abuja-Kano railway, would be unjust since such projects would have no direct impact on the lives of the people of Delta.

On his part, human rights lawyer, FEMI FALANA described the attempt by the federal government to use the recovered loot to fund choice projects as illegal and unconstitutional.

He noted that the British government has no right to determine how the recovered loot should be spent.

The House of Representatives has also urged the Federal Government to halt appropriation of £4.2 million recovered from former Delta state Governor, JAMES IBORI.

The resolution followed a unanimous adoption of a motion by Minority Leader NDUDI ELUMELU at plenary yesterday.

The motion was co-sponsored by nine other lawmakers from Delta.

Speaking, ELUMELU said the said amount, being proceeds of looted funds recovered from former governor was being transferred to the coffers of the federal government without recourse to Delta state.

In his ruling, Deputy Speaker AHMED WASE mandated the committees to conclude investigations and report to the House within two weeks.

Speaking on Inspiration FM’s All Out Politics, some Nigerians were of divergent views on the ownership of the recovered loot.

 

March 9, 2021 UK Promises To Return To Nigeria £4.2m Stolen By James Ibori

UK Promises To Return To Nigeria £4.2m Stolen By James Ibori

Former Delta State Governor James Ibori was convicted of money laundering in the UK in 2012.

He is thought to have stolen around £50m from the oil-rich state.

This is the first time that money recovered from criminals will be returned to Nigeria since an agreement was signed in 2016, the UK authorities say.

The UK and Nigerian governments signed an agreement on Tuesday that the £4.2m recovered by UK agencies would be sent back to Nigeria for infrastructure projects, including the Lagos to Ibadan Expressway, the Abuja to Kano road and the second Niger Bridge.

Ibori was governor of Delta state from 1999-2007. On February 27th, 2012, Ibori pleaded guilty to 10 counts of money laundering, fraud, conspiracy to defraud, and other offenses in a London court. He also pleaded guilty to stealing over $250 million public funds while he was governor. 

But he was put in immigration detention and he sued the Home Office for unlawful detention.

A Home Office email, published in the court judgement, recommended to keep him in immigration detention to buy time to work out how to recover at least £57m.

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